Benchmark U.S. crude oil for January delivery rose 90 cents to $75.19 a barrel Monday. Brent crude for February delivery rose 76 cents to $79.80 a barrel. Wholesale gasoline for January delivery rose 5 cents to $2.18 a gallon. January heating oil fell 7 cents to $3.05 a gallon. January natural gas fell 75 cents…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 19)
December 19, 2022
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FTX Dust Settles, Soiling Everyone
December 19, 2022
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Alternative InvestmentsBrightBusiness & MarketscryptocurrencyFTXinvestingInvestmentMarketspersonal financeSam Bankman-FriedUS
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After weeks of speculation as to whether former billionaire, now hapless participant, Sam Bankman-Fried would be arrested for fraud surrounding FTX, the cryptocurrency exchange he ran into the ground, the mystery is over. The crypto exchange founder surrendered to Bahamian custody last week and is now awaiting extradition to the United States. Following a grand…
Why Is Earnings per Share Important?
Knowing the earnings per share (EPS) of a company can go a long way when deciding whether to invest in a particular company. EPS is a metric that quickly identifies stocks with the strongest potential profit growth. It is important to determine a company’s EPS. But what is EPS, and how does it work? EPS…
These 6 Mistakes Cost Me More Than $4 Million
December 17, 2022
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Alternative InvestmentsBrightbudgetingEarning MoneyinvestingInvestmentpersonal financeSports cardsWarren Buffett
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“Rule Number One: Never Lose Money. Rule Number Two: Never Forget Rule Number One” As a result of the financial crisis of 2008, Warren Buffett lost about $23 billion personally, and his company, Berkshire Hathaway, lost its AAA credit rating. So how can he tell us not to lose money, then? His point is that…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 16)
December 16, 2022
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Benchmark U.S. crude oil for January delivery fell $1.82 to $74.29 a barrel Friday. Brent crude for February delivery fell $2.17 to $79.04 a barrel. Wholesale gasoline for January delivery fell 4 cents to $2.13 a gallon. January heating oil fell 16 cents to $3.12 a gallon. January natural gas fell 37 cents to $6.60…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 15)
December 15, 2022
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Benchmark U.S. crude oil for January delivery fell $1.17 to $76.11 a barrel Thursday. Brent crude for February delivery fell $1.49 to $81.21 a barrel. Wholesale gasoline for January delivery fell 7 cents to $2.17 a gallon. January heating oil was unchanged at $3.28 a gallon. January natural gas rose 54 cents to $6.97 per…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 14)
December 14, 2022
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Benchmark U.S. crude oil for January delivery rose $1.89 to $77.28 a barrel Wednesday. Brent crude for February delivery rose $2.02 to $82.70 a barrel. Wholesale gasoline for January delivery rose 8 cents to $2.24 a gallon. January heating oil rose 18 cents to $3.28 a gallon. January natural gas fell 51 cents to $6.43…
Why China and Others Are Selling US Dollars and Buying Gold
Some interesting recent data remind us of the importance of paying attention to what governments actually do, not just what they say. Central banks are on a gold-buying spree, and they are using their U.S. dollar foreign reserves to fund it. According to a report by the World Gold Council, central banks have bought more…
Investing: Custom-Made Indexes for Cost-Conscious Index Investors
By Robert Frick From Kiplinger’s Personal Finance A growing number of investment firms now offer Main Street investors a strategy called “personalized” or “direct” indexing that typically requires buying and trading stocks directly, mimicking an index. Investment firms and advisers have long offered this strategy to the wealthy for an annual fee that often exceeds…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 13)
December 13, 2022
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Benchmark U.S. crude oil for January delivery rose $2.22 to $75.39 a barrel Tuesday. Brent crude for February delivery rose $2.69 to $80.68 a barrel. Wholesale gasoline for January delivery rose 8 cents to $2.16 a gallon. January heating oil rose 12 cents to $3.09 a gallon. January natural gas rose 35 cents to $6.94…
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